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WOT for WAT: Spinning the Web of Trust for Peer-to-Peer Barter Relationships
IEICE transactions on communications
Peer-to-peer complementary currencies can be powerful tools for promoting collaborations and building relationships on the Internet. i- WAT is a proposed such currency based on the WAT System, a polycentric complementary currency using WAT tickets as its medium of exchange. Participants spontaneously issue and circulate the tickets as needed, whose values are backed up by chains of trust. i-WAT implements the tickets electronically by exchanges of messages signed in OpenPGP. Thisdoi:10.1093/ietcom/e88-b.4.1503 fatcat:ymfiyiemfrdk3mjt6vc6ihugtq